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Base pay range
$100,000.00/yr - $140,000.00/yr
Background
We are partnering with a Portfolio Manager at a leading investment management firm that is looking to add a Junior Quant Developer to the team. The role focuses on enhancing fixed income models and optimizing infrastructure to improve model development efficiency and ensure the robustness of business-critical applications.
Responsibilities
- Implement business strategies and model enhancements into a production-level C++ model.
- Restructure and modernize legacy code infrastructure (C++) to increase maintainability and adaptability, improving development speed.
- Optimize existing software tools and create new ones to streamline model validation and execution, enabling faster and more accessible result reporting for end-users.
- Contribute to the transition of on-premises environments to the cloud, including data migration, integration of analysis tools, and model platform (e.g., HPC on cloud).
- Convert existing standalone tools (Excel, Windows Form UI) to web-based applications for improved portability and accessibility across machines.
- Perform risk analysis of the existing portfolio and evaluate mark-to-market and go-forward IRR.
Requirements
- Strong scientific programming skills, with a particular focus on C++ (knowledge of Python and SQL is a plus).
- Basic knowledge in Fixed Income and financial models would be advantageous.
- Experience in optimizing code for production environments.
- Ability to work collaboratively with a cross-functional team, including research and development teams.
- Excellent problem-solving skills and attention to detail.
Location: New York City
Compensation: $150-200k TC (Base + Bonus)
Seniority level
Associate
Employment type
Full-time
Job function
Analyst
Industries: Investment Management
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